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House vote leaves debit swipe fee reform intact

from Convenience Store News

The U.S. House of Representatives voted in favor of legislation to revamp financial reform. The Financial CHOICE Act aims to replace the Dodd-Frank Wall Street Reform and Consumer Protection Act. However, it leaves in place swipe fee reform which was included in Dodd-Frank's Durbin Amendment — a move that retail groups had been lobbying for over the past several months. more

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